Fleet management solutions provider Motive, formerly known as KeepTruckin, announced Wednesday it has raised $150 million in series F funding.
With the most recent funding round, Motive has reached a $2.85 billion valuation, up from $2.3 billion after the company’s series E raise last June.
Motive officials said they will use the additional capital to invest in more AI, expand the company’s product suite into spend management and grow its enterprise capabilities.
“The additional funding allows us...
https://www.freightwaves.com/news/motive-raises-valuation-to-285b-after-closing-funding-round